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On December 28, 2021. Videotech Corporation (VTC) purchased 13 units of a new satellite uplink system from Tristar Communications for $22,000 each. The terms of

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On December 28, 2021. Videotech Corporation (VTC) purchased 13 units of a new satellite uplink system from Tristar Communications for $22,000 each. The terms of each sale were 1/10, n/30. VTC uses the net method to account for purchase discounts and a perpetual Inventory system VTC pald the net-of-discount amount on January 6, 2022 Prepare the necessary Journal entries assuming that VTC uses the net method to account for purchase discounts. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet ( C 1 2 > Record the inventory purchase on account. Note: Enter debits before credits. General Journal Debit Credit Date December 28 2021 Record entry Clear entry View general journal Journal entry worksheet

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